
Max Co., Ltd.
6454.TJPXIndustrialsIndustrial - Machinery
Latest quote
¥1,782
+¥5.00 · +0.28%
6454.T company overview
Regular session · JST · Market data may be delayed.
Company profile
Company websiteMax Co., Ltd., along with its subsidiaries, functions as a global manufacturer and distributor of a diverse range of industrial and office machinery. The company's extensive industrial equipment catalog includes construction tools like nailers, tackers, air compressors, and laser markers, alongside various power tools such as hammer drills and rechargeable impact drivers. This sector also covers agricultural equipment like vegetable and bag binding machines, and building systems including bathroom heating ventilation dryers, floor heating solutions, and residential fire alarms. For office environments, Max provides a wide array of products, such as automatic and paper needle staplers, plastic ring bookbinding machines, numbering machines, hole punches, time recorders, label printers, cutting machines, and specialized drafting instruments like parallel rulers. Additionally, the company manufactures HCR (Health Care & Rehabilitation) equipment, including wheelchairs and other assistive devices, and participates in storage and transportation activities. Established in Tokyo, Japan, in 1942, the company initially operated under the name Max Industry Co., Ltd., adopting its current identity, Max Co., Ltd., in 1964.
- Industry
- Industrial - Machinery
- Sector
- Industrials
- Headquarters
- JP
- CEO
- Tatsushi Ogawa
- Listed since
- Jan 1, 2001
- Employees
- 2,470
Market position
Day range
Current ¥1,782
52-week range
Current ¥1,782
- Open
- ¥1,777
- Previous close
- ¥1,777
- Volume
- 252.5K
- 0.97× average
- Average volume
- 260.09K
- Average daily volume
- Market cap
- 320.39B JPY
- Beta
- 0.6
- Market reference 1
- 50-day average
- ¥1,743.86
- +2.19% above average
- 200-day average
- ¥1,697.22
- +5.00% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 252.52B JPY
- P/E (TTM)
- 21.97×
- P/B (TTM)
- 2.83×
- P/S (TTM)
- 3.09×
- EV / EBITDA
- 11.48×
- Earnings yield
- 4.77%
- Free cash flow yield
- 4.04%
- Dividend yield
- 2.08%
Profitability & efficiency
- Gross margin
- 48.23%
- Operating margin
- 17.79%
- Net margin
- 14.10%
- Return on equity
- 12.05%
- Return on assets
- 10.07%
- Return on invested capital
- 10.68%
Financial health
- Debt / equity
- 0.01×
- Current ratio
- 4.76×
- Altman Z-score
- 10.5
- Piotroski F-score
- 6 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (JPY) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 99.61B JPY | 91.84B JPY | 86.64B JPY | 84.32B JPY | 73.96B JPY |
| Cost of goods sold | 51.83B JPY | 49.23B JPY | 47.99B JPY | 49.31B JPY | 43.58B JPY |
| Gross profit | 47.78B JPY | 42.61B JPY | 38.65B JPY | 35.01B JPY | 30.38B JPY |
| Research and development | — | 4.37B JPY | 4.35B JPY | 3.79B JPY | 3.4B JPY |
| Selling, general, and administrative | 29.85B JPY | 23.47B JPY | 21.65B JPY | 21.28B JPY | 19.38B JPY |
| Operating expenses | 30.31B JPY | 28.14B JPY | 26.05B JPY | 25.09B JPY | 22.88B JPY |
| Interest income | 419M JPY | 299M JPY | 192M JPY | 80M JPY | 68M JPY |
| Interest expense | 25M JPY | 25M JPY | 35M JPY | 41M JPY | 57M JPY |
| Depreciation and amortization | 3.42B JPY | 3.31B JPY | 3.05B JPY | 3.02B JPY | 2.81B JPY |
| Operating income | 17.47B JPY | 14.47B JPY | 12.6B JPY | 9.92B JPY | 7.5B JPY |
| Net income | 13.89B JPY | 11.23B JPY | 10.44B JPY | 7.62B JPY | 6.09B JPY |
Company facts updated Aug 24, 2026.
Earnings
- Latest EPS result
- 24.14
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
¥28.50
2025 complete year+137.5% since 2021
2026 partial: ¥37.00
¥12.00
2,021
¥16.00
2,022
¥19.50
2,023
¥25.25
2,024
¥28.50
2,025
¥37.00
2,026*
* Partial calendar year in the available dividend history.
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
DividendUpcoming | Mar 31, 2027 | ¥40.00Annual | Mar 31, 2027 | Mar 31, 2027 |
Dividend | Mar 30, 2026 | ¥148Annual | Mar 31, 2026 | Jun 30, 2026 |
Dividend | Mar 28, 2025 | ¥114Annual | Mar 31, 2025 | Jun 25, 2025 |
Dividend | Mar 28, 2024 | ¥101Annual | Mar 31, 2024 | Jun 27, 2024 |
Dividend | Mar 30, 2023 | ¥78.00Annual | Mar 31, 2023 | Jun 29, 2023 |
Dividend | Mar 30, 2022 | ¥64.00Annual | Mar 31, 2022 | Jun 30, 2022 |
Ex-dividend Mar 31, 2027
¥40.00
Annual
Record Mar 31, 2027 · Payment Mar 31, 2027
Ex-dividend Mar 30, 2026
¥148
Annual
Record Mar 31, 2026 · Payment Jun 30, 2026
Ex-dividend Mar 28, 2025
¥114
Annual
Record Mar 31, 2025 · Payment Jun 25, 2025
Ex-dividend Mar 28, 2024
¥101
Annual
Record Mar 31, 2024 · Payment Jun 27, 2024
Ex-dividend Mar 30, 2023
¥78.00
Annual
Record Mar 31, 2023 · Payment Jun 29, 2023
Ex-dividend Mar 30, 2022
¥64.00
Annual
Record Mar 31, 2022 · Payment Jun 30, 2022
6454.T peers
ETFs holding 6454.T
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core TOPIX ETF1475.T505.56M0.02%2.89T JPY0.05%¥417.7-0.07%
Vanguard Total International Stock ETFVXUS23.26M0.00%646.2B USD0.05%$87.71+0.78%
Vanguard FTSE Developed Markets ETFVEA16.16M0.01%315B USD0.03%$73.42+0.80%
Vanguard FTSE All-World ex-US Small-Cap ETFVSS6.26M0.04%13.6B USD0.06%$160.06+0.43%
iShares Core MSCI EAFE ETFIEFA4.78M0.00%195.14B USD0.07%$100.85+0.86%
WisdomTree Japan Hedged Equity FundDXJ3.86M0.06%7.11B USD0.48%$177.54+1.10%
iShares MSCI EAFE Small-Cap ETFSCZ3.62M0.03%13.28B USD0.40%$86.60+0.70%
Schwab International Small-Cap Equity ETFSCHC3.41M0.06%5.73B USD0.06%$51.25+0.61%
iShares Core TOPIX ETF1475.T- Market value
- 505.56M
- Weight
- 0.02%
- AUM
- 2.89T JPY
- Expense ratio
- 0.05%
- Price / 1D
- ¥417.7-0.07%
Vanguard Total International Stock ETFVXUS- Market value
- 23.26M
- Weight
- 0.00%
- AUM
- 646.2B USD
- Expense ratio
- 0.05%
- Price / 1D
- $87.71+0.78%
Vanguard FTSE Developed Markets ETFVEA- Market value
- 16.16M
- Weight
- 0.01%
- AUM
- 315B USD
- Expense ratio
- 0.03%
- Price / 1D
- $73.42+0.80%
Vanguard FTSE All-World ex-US Small-Cap ETFVSS- Market value
- 6.26M
- Weight
- 0.04%
- AUM
- 13.6B USD
- Expense ratio
- 0.06%
- Price / 1D
- $160.06+0.43%
iShares Core MSCI EAFE ETFIEFA- Market value
- 4.78M
- Weight
- 0.00%
- AUM
- 195.14B USD
- Expense ratio
- 0.07%
- Price / 1D
- $100.85+0.86%
WisdomTree Japan Hedged Equity FundDXJ- Market value
- 3.86M
- Weight
- 0.06%
- AUM
- 7.11B USD
- Expense ratio
- 0.48%
- Price / 1D
- $177.54+1.10%
iShares MSCI EAFE Small-Cap ETFSCZ- Market value
- 3.62M
- Weight
- 0.03%
- AUM
- 13.28B USD
- Expense ratio
- 0.40%
- Price / 1D
- $86.60+0.70%
Schwab International Small-Cap Equity ETFSCHC- Market value
- 3.41M
- Weight
- 0.06%
- AUM
- 5.73B USD
- Expense ratio
- 0.06%
- Price / 1D
- $51.25+0.61%
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